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Sept. 1, 2023

Lawyer Doubts ‘Saturated’ Massachusetts Market Can Support More Sportsbooks

PlayMa.com

In an article published on Aug. 28 by PlayMa.com, Nelson Mullins partner and chair of the firm's Gaming Industry Group Katherine Baker shared her thoughts on what she described as a "saturated" sports gambling market in the state of Massachusetts. 

"The market is relatively saturated in Massachusetts currently," said Baker. "Given the slim margins of this business and the domination by big players in the industry, new or small sports betting apps that obtain licensure in the future are likely to face profitability challenges in Massachusetts."

Read the full article here.